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BHP Billiton
Place de cotation: Londres SETS - New York Stock Exchange
Indice: FTSE 100

BHP Billiton is a global leader in the resources industry.
Formed from a merger between BHP and Billiton, we bring together an exceptional mix of quality, low-cost resource assets, complemented by a strong management team determined to operate our assets in an efficient manner.

Issu de la fusion de Billiton et BHP en mars 2001, BHP Billiton est le 2e groupe minier mondial :
- acier et ferro-alliages  : acier inoxydable, acier enrichi en carbone, minerai de fer, manganèse, nickel, chrome...
- pétrole : production de 79 millions de barils de pétrole par an, 7,9 Mds de m3 de - gaz naturel et 697 500 tonnes de GPL
- aluminium . Le groupe intervient à tous les stades du processus de production : extraction de bauxite, affinage de l'alumine et fusion de l'aluminium
- charbon  avec une production de 83 millions de tonnes
- métaux de base (: cuivre, plomb, zinc, or et argent
- autres  : minéraux à base de titane, diamants...



BHP Billiton Production Report For The Half Year Ended 31 December 2007
http://www.bhpbilliton.com/bbContentRepository/2008123929647/bhpbProdRptHy31Dec07.pdf

BHP Billiton Announces First Oil Production From Stybarrow Development Off Western Australia
BHP Billiton today announced first oil production from its operated Stybarrow project offshore north west Australia. The Stybarrow project involves a nine well subsea development and a Floating Production Storage and Offtake (FPSO) facility, the Stybarrow Venture with capacity of approximately 80,000 barrels of oil a day.
BHP Billiton's J. Michael Yeager, Chief Executive Petroleum, said the development was another key milestone this year in the growth of the Company’s petroleum business and expansion of Petroleum’s operated projects.
"First oil was scheduled for early 2008, however we’re pleased that we were able to deliver Australia’s deepest offshore development to date ahead of schedule
"This achievement reflects a solid work plan that was well executed. We have an experienced project team of BHP Billiton and major contractors and congratulate them on this fine work. We expect this high level of performance to continue into our production phase."
At a water depth of approximately 825 metres, the development is located in production licence block number WA-32-L in the Exmouth Sub-basin, approximately 65 kilometres from Exmouth.
Project costs for Stybarrow are approximately US$760 million, of which BHP Billiton’s share is 50% (approximately US$380 million).
First oil for the Stybarrow Venture, a disconnectable, double-hulled vessel, comes from the Eskdale field, which is a single well tie back to the adjacent large Stybarrow field followed by production from Stybarrow’s wells. Full ramp-up and production is expected to take several months.
Discovered in February 2003, the Stybarrow and Eskdale fields have estimated recoverable oil reserves of 60-90 million barrels.
The estimated economic field life is 10 years.

The joint venture partners are BHP Billiton (50% and Operator) and Woodside Energy Limited (50%). 
Oil Production Begins At Genghis Khan Field In Deepwater Gulf Of Mexico
8 October 2007
BHP Billiton today announced first oil production from the Genghis Khan development, located in the deepwater Gulf of Mexico, approximately 120 miles (192 kilometres) off the coast of Louisiana. The Company, with co-venturers Hess and Repsol YPF, acquired its interest in Genghis Khan in February 2007 for US$1.33 billion ($583 million net to BHP Billiton).
Hydrocarbon production began from a single well connected to a subsea manifold located on Green Canyon Block 652. Drilling has begun on the second well, which will be completed immediately following drilling operations, and then be followed by two additional wells, one of which is slated to test Green Canyon Block 608. Production from these blocks is transported to a third-party owned and operated facility where it is processed and sent via existing pipelines to markets onshore Texas and/or Louisiana. The oil is sold as a blend, commingled with crude oils from other pipeline shippers.
The Genghis Khan development comprises the western flank of the Shenzi structure, which is located on adjacent blocks. The Shenzi project is also in development by the same co-venturers. Water depth is approximately 4,300 feet (1307 meters). BHP Billiton is the operator of both Genghis Khan and Shenzi and holds a 44 per cent interest in the six-block unit (Green Canyon blocks 608, 609, 610, 652, 653 and 654). Hess and Repsol each own 28 per cent.

BHP Billiton Announces Gas Discovery At Thebe-1 Offshore Australia 13 August 2007
Number 25/07
BHP Billiton announced today a discovery at the Thebe-1 exploration well that was recently drilled offshore Western Australia. The well and subsequent evaluation confirmed a gas column of approximately 240 feet (73 metres) encountered in the Exmouth Plateau of the Carnarvon Basin.
Drilling of the Thebe-1 well began during the first week of July 2007 in block WA-346-P using the semi-submersible rig Atwood Eagle. The well is located approximately 186 miles (300 kilometres) off the North West coast of Western Australia in water depths of 3,848 feet (1173 metres). The well has now been abandoned after reservoir core was collected. BHP Billiton is the operator at Thebe-1 and holds a 100 percent interest in the field.
"The Thebe discovery is an excellent addition to our global portfolio. The results are encouraging and we will now proceed with further data gathering and evaluation," said Steve O’Rourke, President of Global Exploration for BHP Billiton Petroleum.
Thebe-1 is the second significant BHP Billiton gas discovery in the basin and is located approximately 31 miles (50 kilometres) north of the Scarborough gas field in which BHP Billiton is a 50 percent partner with ExxonMobil.

Sale of Koornfontein Mine
BHP Billiton today announced that it has reached closure on the sale of Koornfontein Mine (a mine within Coal's South African portfolio), together with 1.5Mtpa of Richards Bay Coal Terminal entitlement to an entity controlled by a black economic empowerment (BEE) consortium. Economic benefit of the mine passed on 1 July 2006, being the Value Date, with deal closure being effective 1 July 2007. The BEE consortium, which holds 50% plus one share in the new entity, is led by Siyanda Resources (Pty) Limited and AKA Resources Holdings (Pty) Limited, and includes various broad based groups as well as a Koornfontein employee trust.Coronation Capital Limited and Investec Bank Limited will together hold 50% less one share in the new entity.
The fulfilment of certain regulatory requirements including the conversion and transfer of Koornfontein's mining rights in terms of the Minerals and Petroleum Resources Development Act of 2002 and the approval of the South African Competition Commission has enabled the conclusion of the sale. In addition to a cash consideration for the transaction, BHP Billiton will receive further compensation for potential future Eskom coal sales. The aggregate consideration in current money terms is approximately R430-million (US$60M). BHP Billiton has provided R70-million (US$10M) in vendor finance to the BEE consortium.

BHP Billiton To Sell Elouera Mine
16 May 2007
BHP Billiton announced today that it has reached agreement to sell its Elouera mine (Elouera), which is a part of the Illawarra Coal business located in New South Wales, Australia, to Gujarat NRE FCGL Pty Ltd (Gujarat). 
The sale includes the mine, associated land holdings and the responsibility for rehabilitation and closure of the mine once operations are complete.
Mining operations at Elouera by BHP Billiton were completed in 2005. Since then the mine has been operated under a limited contract mining agreement with Delta Mining Company, which was finalised in March 2007.
Sale of the mine is subject to various conditions precedent including completion of the transfer of the Coal Lease, and associated licenses to Gujarat
 

BHP BILLITON PRODUCTION REPORT FOR THE QUARTER ENDED 31 DECEMBER 2006 PDF
 

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